Tariff tensions cool after business leaders tell CNBC Europe must consider retaliating against Trump’s ‘blackmail’

Tariff tensions cool after business leaders tell CNBC Europe must consider retaliating against Trump’s ‘blackmail’

Tariff tensions have cooled after business groups told CNBC that the EU must consider retaliatory measures in response to U.S. President Donald Trump’s threats to impose tariffs on the bloc. The EU has frozen its EU-US trade deal in response to Trump announcing plans to impose 10% tariffs on six EU nations, alongside the U.K. … Read more

European markets advance at the open after Trump’s Greenland ‘deal,’ tariffs retreat

European markets advance at the open after Trump’s Greenland ‘deal,’ tariffs retreat

LONDON — European stocks advanced on Thursday after U.S. President Donald Trump said a “framework” agreement had been reached over Greenland, and called off imposing escalating tariffs on a group of European countries. The pan-European Stoxx 600 was 1.13% higher shortly after the opening bell in London. Global markets are rebounding after Trump announced Wednesday that he … Read more

South Korea’s Kospi breaches 5,000 as Asia stocks rebound after Trump walks back on Europe tariff threats

South Korea’s Kospi breaches 5,000 as Asia stocks rebound after Trump walks back on Europe tariff threats

A Greenlandic flag flies over a residential house on Jan. 21, 2026 in Nuuk, Greenland. Sean Gallup | Getty Images Asia-Pacific markets rebounded Thursday, tracking gains on Wall Street after U.S. President Donald Trump walked back on his threat to impose tariffs on European countries over Greenland. South Korea’s Kospi led regional gains, rising 1.81% … Read more

France rejects Trump’s comment on drug prices, calls it ‘fake news’

France rejects Trump’s comment on drug prices, calls it ‘fake news’

France’s President Emmanuel Macron attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters France ⁠rejected as “fake news” on Wednesday President Donald Trump’s assertion that he had pressured President Emmanuel Macron into hiking domestic drug prices ‍after the U.S. leader threatened ‍sweeping tariffs on French … Read more

Meta to begin rolling out Threads ads globally

Meta to begin rolling out Threads ads globally

Nurphoto | Nurphoto | Getty Images Facebook and Instagram parent company Meta on Wednesday said it will begin to show advertising on its Threads microblogging service to all users globally starting next week. “With ads on Threads, businesses can authentically join this conversation while finding new ways to connect with the people most interested in … Read more

Top five takeaways from Trump’s interview with CNBC

Top five takeaways from Trump’s interview with CNBC

U.S. President Donald Trump reacts as he leaves the congress centre during the World Economic Forum (WEF) annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | AFP | Getty Images President Donald Trump on Wednesday gave an interview to CNBC’s Joe Kernen on the sidelines of the World Economic Forum in Davos, Switzerland. … Read more

Jeff Bezos’ Blue Origin launches satellite internet service to rival SpaceX, Amazon

Jeff Bezos’ Blue Origin launches satellite internet service to rival SpaceX, Amazon

Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space, in Van Horn, Texas, July 20, 2021. Joe Raedle | Getty Images Jeff Bezos’ space venture Blue Origin announced Wednesday it plans to deploy 5,408 satellites into … Read more

Trump says he reached Greenland deal ‘framework’ with NATO, backs off Europe tariffs

Trump says he reached Greenland deal ‘framework’ with NATO, backs off Europe tariffs

President Donald Trump on Wednesday said he and NATO Secretary General Mark Rutte have “formed the framework of a future deal with respect to Greenland.” Trump said that as a result of that negotiation, he would no longer impose punitive tariffs on a slew of European countries that were set to begin Feb. 1. In … Read more